Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
1685 68th SE St Caledonia, MI 49316-7538
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-1475630
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
4,718 SF
Lot
1.49 ac (64,904 SF)
Zoning code
OS-OFFICE SERVI
APN
41-22-04-351-056
UPID
US43-1475630
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
RA Construction Service General Contractor
-
Bellabay Realty Real Estate Agency
-
Blue Bay Capital Property Management Company
-
Rhianon Lash - Realtor Real Estate Agency
-
Evan McPherson - Bellabay Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Brandon Talley · 1 yrs held
Brandon Talley
since 2024
Last sale
$296,500
6 recorded transactions
Zoning & alternative use
OS-OFFICE SERVI · Caledonia, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Caledonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Caledonia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$360,600
Assessed 2023
Previous assessed
$336,800
+7.1% YoY
Total market value
$721,200
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
4,718 SF
Lot
1.49 ac (64,904 SF)
Zoning code
OS-OFFICE SERVI
APN
41-22-04-351-056
UPID
US43-1475630
Jurisdiction
KENT
Zoning & alternative use
OS-OFFICE SERVI · Caledonia, MI
Zoning OS-OFFICE SERVI · permitted uses
OS-OFFICE SERVI · Caledonia, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Caledonia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
Brandon Talley
Individual
Mailing address
1685 68TH ST SE STE A, CALEDONIA, MI 49316-7539
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2024
$296,500
Brandon Talley
Blue Stream Capital LLC
Warranty Deed
$237,200 · Old National Bank
Sep 29, 2022
—
Ebee Properties LLC
—
Deed
related
—
Feb 26, 2019
—
Ebee Properties LLC
—
Deed
related
$529,285 · Old National Bank
May 21, 2009
—
Ebee Properties LLC
Bouwens Family Investments LLC
Warranty Deed
$525,000 · Huntington National Bank
Apr 12, 2004
—
Bouwens Family Investments LLC
Gaines Charter Township
Grant Deed
related
—
—
—
Ebee Properties LLC
—
Deed Of Trust
related
$50,000 · Huntington National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1685 68th SE St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
